Students at Edinburgh University staged a sit-in on Wednesday over management’s ‘reckless and irresponsible failure’ in maintaining investments in fossil fuels.
Anger was sparked on Tuesday after a meeting of the university court “refused” to divest £9m of its investment portfolio from companies such as BP and Shell.
The university maintained that it would continue to work with companies through its holdings in order to help reduce carbon emissions, but students retaliated with outrage, claiming that the university had a “conflict of interests”.
The students have said that they will continue the sit-in for “as long as the university refuses to make tangible commitments to stop funding climate change”.
The University has a total of £291m endowments and has the third highest investment portfolio for universities in the UK, behind Oxford and Cambridge.
Kirsty Haigh, student campaigner with Edinburgh University People & Planet said, “The fact that our University has chosen to continue funding environmental degradation & human suffering shows that they care far more about profit than our futures. Saying there may be divestment in the future from certain companies if they fail to meet criteria around their carbon emissions is no real commitment and shows the University are refusing to acknowledge their role in devastating climate change”
Student campaigner Eleanor Dow said, “Caveats on divestment are simply not good enough and are simply a way of delaying any decision even further. For years the University have been engaging with companies and it hasn’t worked so far and so it’s ignorant or at best naive to suggest this time it will work.”
A letter was signed by 65 students within the School of Engineering, whose head had publically spoken out against divesting from fossil fuels. Freedom of Information requests have shown that fossil fuel companies funded projects by the department and that members of staff were in direct contact with industry representatives.
Like our Facebook Page
Cultivating an Environmentally-Friendly Home
Eco-Friendly Healthcare: Five Steps for a More Sustainable Medical Practice
Embracing Profit and Long-Term Sustainability: An Undeniably Green Future
4 Eco-Friendly Tips to Maximize the Fuel Efficiency of Diesel Generators
How Your Business Can Create a More Sustainable Supply Chain
There is no Planet B: The Growing Importance of ESG
How Municipalities Can Become More Energy Efficient
The 10 Best Eco-Friendly Destinations to Visit in France
5 Incredibly Simple Ways to Make Money Streaming Eco-Friendly Content
5 Great Ways to Have a More Eco-Friendly Wedding This Year
Greta Thunberg: a True Advocate for Environmental and Women’s Rights
The Vegan Revolution: Rise of The Plant-Based Business
Here’s Why Solar Power Demand Has Accelerated Sharply
Africa Must Capitalize on Growing Interest in Sustainable Investments
Creating an Eco-Friendly Garden that is Free of Pests
How to Make Your Ecommerce Business More Eco-Friendly?
Luxury Development for The Ultra-Rich Causing Climate Change Conundrum in Barbuda
How Can Social Media Help In Promoting Sustainable Lifestyle?
4 Electric Car Maintenance Tips to Slash Your Carbon Footprint
3 Things Sustainable Companies Do for ‘Green’ Construction
- Features9 months ago
Eco-Friendly Interior Design Is Easier Than You Might Think
- Features7 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Features7 months ago
5 Simple Ways To Create A Greener And Healthier Home
- Environment11 months ago
The Benefits Of Sustainable Agriculture For Farmers